
************************************************************************************************************
**#							TABLE 5 - EMPLOYEE BASED DETERMINANTS OF FIRM DISCLOSURE
************************************************************************************************************

capture cd "/Users/joshw/CEO Pay Ratio/Analysis/"
use "Data/Temp/dataset_main.dta", clear

est clear

****************
*Total words
****************
eststo: xi: ppmlhdfe words pr_quint_5 pr_quint_1 size mtb roa io cash lev salesg_w tsr union rd wage_theft college_grad, absorb(indyr) 

****************
*Spin words
****************
eststo: xi: ppmlhdfe spin_num pr_quint_5 pr_quint_1 size mtb roa io cash lev salesg_w tsr union rd wage_theft college_grad, absorb(indyr) 

****************
*Explain words
****************
eststo: xi: ppmlhdfe explain_num pr_quint_5 pr_quint_1 size mtb roa io cash lev salesg_w tsr union rd wage_theft college_grad, absorb(indyr) 

****************
*Suppl ratios
****************
eststo: xi: ppmlhdfe suppl_num pr_quint_5 pr_quint_1 size mtb roa io cash lev salesg_w tsr union rd wage_theft college_grad, absorb(indyr) 

****************
*Tout words
****************
eststo: xi: ppmlhdfe tout_num pr_quint_5 pr_quint_1 size mtb roa io cash lev salesg_w tsr union rd wage_theft college_grad, absorb(indyr) 

esttab using "Output/Tables/RF/T5_firm_determinants.csv", b(3) pr2 varwidth(25) title("Determinants Regressions") order(pr_quint_5 pr_quint_1 union college_grad wage_theft tsr mtb roa io cash lev salesg_w tsr rd) star(* 0.10 ** 0.05  *** 0.01 ) drop(_cons) replace
